09.06.2023: USD and Treasuries versus China and JPY (DXY, USD/JPY, AUD/USD, NZD/USD)
18.09.2023: USD continues gaining in value despite obstacles. Outlook for EUR/USD and GBP/USD
2023-09-18 18:14 UTC+3
18.09.2023: Calm before storm? Outlook for USDX, USD/JPY, AUD/USD, NZD/USD
2023-09-18 16:08 UTC+3
18.09 - Commodities - Oil gains on tight supply expectations. Outlook for oil, gold, RUB
2023-09-18 15:43 UTC+3
15.09.2023: Wall Street making downward retracement after yesterday’s rally (S&P500, USD, CAD, BTC)
2023-09-15 20:19 UTC+3
15.09.2023: US Dollar remains resilient to all headwinds. Outlook for EUR/USD and GBP/USD
2023-09-15 19:08 UTC+3
15.09.2023: Gold prices set to resume rally. Outlook for oil, gold, RUB
2023-09-15 15:41 UTC+3
15.09.2023: China puts pressure on USD, JPY loses hope for uptrend. USDX, USD/JPY, AUD/USD, NZD/USD
2023-09-15 13:34 UTC+3
14.09.2023: Wall Street less sensitive to inflation data than US Fed? (S&P500, USD, CAD, Bitcoin)
2023-09-14 20:03 UTC+3
14.09.2023: ECB’s decision hampers USD uptrend. Outlook for EUR/USD and GBP/USD
2023-09-14 17:21 UTC+3
14.09.2023: USD seeks reasons to soar. Outlook for USDX, USD/JPY, AUD/USD, NZD/USD
2023-09-14 15:39 UTC+3
14.09.2023: Oil prices to resume gains. Outlook for oil, gold, RUB
2023-09-14 15:21 UTC+3
13.09.2023: Wall Street puzzled as US CPIs paint mixed picture (S&P500, USD, CAD, Bitcoin)
2023-09-13 20:57 UTC+3
13.09.2023: Ready! Steady! Go! US dollar set to hit new highs. Outlook for EUR/USD and GBP/USD
2023-09-13 18:36 UTC+3
13.09.2023: Oil gains as experts predict tight supplies. Outlook for oil, gold, RUB
2023-09-13 16:11 UTC+3
13.09.2023: JPY’s rally on Ueda’s comments not sustainable. USDX, USD/JPY, AUD/USD, NZD/USD, USD/INR
2023-09-13 15:46 UTC+3
12.09.2023: Wall Street to retrace after rally of high-tech stocks (S&P500, USD, CAD, Bitcoin)
2023-09-12 19:09 UTC+3
12.09.2023: Markets anticipate key reports. Outlook for EUR/USD and GBP/USD
2023-09-12 17:32 UTC+3
12.09.2023: Oil market awaits US data. Outlook for oil, gold, RUB
2023-09-12 17:13 UTC+3
12.09.2023: AI boosts ‘Magnificent Seven’ stocks while USD shows resilience. USDX, USD/JPY, AUD/USD
2023-09-12 15:12 UTC+3
Forex forecast 09/12/2023 on EUR/USD, GOLD, Crude Oil and Bitcoin from Petar Jacimovic
2023-09-12 11:36 UTC+3
11.09.2023: Wall Street poised to open new week with gains (S&P500, USD, CAD, Bitcoin)
2023-09-11 20:42 UTC+3
The US dollar took a nosedive yesterday in response to yesterday’s report on jobless claims. Its index seems to close on Friday lower for the second week in a row. On early Friday, the index was trading in a narrow corridor between 103.2 and 103.4.

The US dollar weakened to a two-week low against a basket of six major currencies in parallel to yields of US Treasuries. Yields of both 2- and 10-year Treasuries went down. Nevertheless, the greenback gained momentum and rebounded to 103.4.

Apparently, the bullish momentum occurred amid weekly profit-taking on stock markets and a decline in the global risk-on mood. So, the US dollar is expected to enter a consolidation stage which could last until the release of the US inflation data.

In case the instrument maintains bullish momentum next week, it could face resistance at 104.6, the level printed on May 31. On the contrary, if selling pressure on the greenback escalates, its index could break 103.2, a one-month low recorded on June 8, and test support at 102.9.

Market revised its sentiment on the Japanese yen overnight. Having reached a one-week low at 138.7, traders rushed to sell the yen. As a result, the dollar/yen pair jumped to 139.6. The bulls are pushing the instrument up following the intraday corridor between 138.7 and 139.6.

All in all, the overall market sentiment depends on the rhetoric of the US and Japan’s central banks. Obviously, the Japanese yen is giving in to the greenback. The Bank of Japan maintains all settings of its ultra-loose monetary policy. This message was sent once today again by the Governor.

Speaking for the parliament, Kazuo Ueda said that the Bank of Japan intends to pursue its ultra-accommodative monetary policy to ensure steady inflation at 2%. Japan’s regulator is due to announce its decision on interest rates in a week, on June 16.

This will happen after the policy meeting of the US Federal Reserve and could determine a further trajectory for the dollar/yen pair. For a while, the US dollar’s growth is subdued by the prospect of a dovish pause in the Fed’s monetary policy. In turn, the yen could regain some losses as a safe-haven asset on the back of a threat of a global downturn.

Economic conditions in China cause an alarm in the Asia-Pacific region. In the recent reports, China’s trade balance surplus fell to the lowest level in the three months. Besides, the annual rate of consumer inflation edged up to 0.2%, thus indicating weakness in the second-largest global economy.

Amid the dismal statistics, market participants are speculating that the People’s Bank of China might decrease interest rates again. The offshore yuan weakened against the US dollar to the lowest levels in six months. Indeed, the greenback benefits from economic troubles in China as a safe-haven asset.

A decline in the yuan affected the forex rate of the Australian dollar which is frequently used as its liquid replacement. Economic uncertainty in China, the top global crude exporter, is also a headwind for oil prices.

WTI crude futures are trading lower today, thus putting pressure on the Australian dollar as a commodity currency. Today a bust of the risk sentiment on stock markets is dampened by the US dollar’s advance. No wonder, the aussie is trading with high volatility.

The AUD/USD pair broke the resistance at the psychological level of 0.6700 and approached 0.6715. The Australian dollar is withstanding selling pressure, trading inside the corridor between 0.6693 and 0.6725.

The cautious sentiment in stock markets discouraged the risk-sensitive New Zealand dollar. Amid the moderate growth in US Treasury yields and the greenback’s advance, the kiwi changed hands between the buyers and sellers inside the corridor between 0.6084 and 0.6106.

Still, the New Zealand dollar spiked to 0.6103, the highest level in more than two weeks and dipped to 0.6095. Following a sharp plunge in late May after the Reserve Bank of New Zealand’s policy decisions, the kiwi has regained almost 1% of its losses against the US dollar.

00:00 Intro
00:30 US
01:41 USDX
03:07 USD/JPY
03:36 US and Japan’s central banks
05:31 AUD/USD
06:32 NZD/USD


FX Analytics - https://www.instaforex.com/forex_analytics
Forex Calendar - https://www.instaforex.com/forex_calendar
Forex TV from InstaForex - https://www.instaforex.com/instaforex_tv

Forex charts - https://www.instaforex.com/charts
Instant account opening - https://www.instaforex.com/fast_open_live_account
Forex Trading Contests - https://www.instaforex.com/forex_contests

List of official InstaForex blogs:

#forex_news # asian_session #instaforex_tv
Calendar and reviews
Trader’s calendar on september 25-27: Capital flows from Europe to US persist
Trader’s calendar on september 21-22: EU economies on brink of collapse?
Trader’s calendar on september 18-20: USD to continue its rally?
Trader’s calendar on september 14-15: China’s economy gradually recovering?
Trader’s calendar on september 11-13: USD to continue to strengthen
Trader’s calendar on september 7-8: Investors favor USD during market turbulence
Editor's choice
Modern Hong Kong is an Asian top financial centre. Having low taxation it has one of the most ideal economic systems in the world. The government does not interfere in the country’s economy and creates favourable conditions for business start-ups as well as Forex trading. Concentrating the biggest number of medium-sized and big businesses in the Asia, Hong Kong is one of the leading financial centres. InstaForex Company has visited this Asian commercially-vibrant metropolis and presents you this reportage.
Vojtěch Štajf, InstaForex Lopris Team navigator, talks about the highlights of the Silk Way Rally (Krasnaya Polyana)
Trader’s calendar on september 25-27: Capital flows from Europe to US persist
  • Grand Choice
    Contest by
    InstaForex always strives to help you
    fulfill your biggest dreams.
    انضم إلى المسابقة
  • إيداع الحظ
    قم بإيداع 3,000 دولار في حسابك واحصل على $3,000 وأكثر من ذالك!
    في سبتمبر نحن نقدم باليانصيب $3,000 ضمن حملة إيداع الحظ!
    احصل على فرصة للفوز من خلال إيداع 3,000 دولار في حساب تداول. بعد أن استوفيت هذا الشرط، تصبح مشاركًا في الحملة.
    انضم إلى المسابقة
  • تداول بحكمة، اربح جهازا
    قم بتعبئة حسابك بمبلغ لا يقل عن 500 دولار ، واشترك في المسابقة ، واحصل على فرصة للفوز بأجهزة الجوال.
    انضم إلى المسابقة
  • بونص 100٪
    فرصتك الفريدة للحصول على بونص 100٪ على إيداعك
    احصل على بونص
  • بونص 55٪
    تقدم بطلب للحصول على بونص 55٪ على كل إيداع
    احصل على بونص
  • بونص 30٪
    احصل على بونص 30٪ في كل مرة تقوم فيها بتعبئة حسابك
    احصل على بونص
لا تستطيع التحدث الآن؟
اطرح سؤالك في الدردشة.
Widget callback